Separation of Management Oversight and Business Execution and Expansion of Outside Directorship
First written in FY2016. 5 of 9 entries say "Advanced", first in FY2023. Latest entry: FY2026.
- FY2026Board composition and number of outside directors disclosedAnnual report
「By maintaining a small board of directors comprising 7 members (Chair: Konno Kenichi (今野健一), Representative Director and President; Ueyama Norio (上山典男); Ishii Osamu (石井治); Irie Mine? (入江峰年); Miyata Suzuko (宮田鈴子); Yoshida Hiroshi (吉田浩); and Nakano Tomomi (中野智美)), the company seeks to ensure prompt management decision-making. It has also appointed 3 outside directors (Miyata Suzuko (宮田鈴子), Yoshida Hiroshi (吉田浩) and Nakano Tomomi (中野智美)) to strengthen its management oversight function.」
The company disclosed a 7-member board as of the filing date while maintaining 3 outside directors. It also stated that the board is expected to comprise 6 members after the annual shareholders meeting. - FY2024-Q3AdvancedAnnual report
「Director: Komagata Takashi (駒形 崇) (Career history) December 2023: Director of the company Present」
Komagata Takashi (駒形 崇), the outside director nominated by Japan Industrial Solutions No. 3 Investment Limited Partnership that had been planned in the previous quarter, took office on 27 December 2023. - FY2024-Q2AdvancedAnnual report
「Election of 1 person nominated by Japan Industrial Solutions No. 3 Investment Limited Partnership as an outside director of the company」
The company states that it plans to submit the election of 1 outside director nominated by the investment limited partnership to an extraordinary shareholders meeting, subject to approval of a third-party allotment of shares and other matters. - FY2023AdvancedAnnual report
「To further strengthen corporate governance, the company increased the number of outside directors by 1 in June 2023, bringing the total to 3.」
The company increased the number of outside directors from 2 to 3 and advanced efforts to strengthen its management oversight function. - FY2021RestatedAnnual report
「By maintaining a small board of directors comprising 6 members (Chair: Ueyama Norio (上山典男), Representative Director and President; Minegishi Katsufumi (峰岸克文); Ishii Osamu (石井治); Iwata Takumi (岩田巧); Kawakami Kinya (川上欽也); and Miyata Suzuko (宮田鈴子)), the company seeks to ensure prompt management decision-making. It has also appointed 2 independent outside directors with no conflicts of interest (Kawakami Kinya (川上欽也) and Miyata Suzuko (宮田鈴子)) to strengthen its management oversight function.」
The company continues to strengthen prompt decision-making and its oversight function through a 6-member board and 2 independent outside directors. - FY2018RestatedAnnual report
「By maintaining a small board of directors comprising 6 members, the company seeks to ensure prompt management decision-making. It has also appointed 2 independent outside directors with no conflicts of interest to strengthen its management oversight function.」
The company continues to maintain a structure that combines prompt decision-making with management oversight through a small 6-member board and 2 independent outside directors. - FY2016First statedAnnual report
「In June 2014, the company introduced an executive officer system to clearly separate management oversight from business execution and reduced the number of directors. It also appointed 1 outside director to strengthen its management oversight function. In June of the following year, it added 1 outside director to further strengthen this function, bringing the total to 2.」
The company is advancing the separation and strengthening of its oversight and executive functions through the introduction of an executive officer system in June 2014 and the addition of outside directors.